NOT LISTED FOR SALE

345 E Main St Ladoga, IN 47954

Estimated Value: $166,000 - $286,089

2 Beds
1 Bath
-- Sq Ft
8,276 Sq Ft Lot Lot

Sale Details

Date Sold: June 15, 2022

Last sale price $310,000

Est. 20% decrease in value since last sale

Current estimated payment $1,526 / mo

15 Days on Market

About This Home

As of June 2022

6 highly profitable rental units consisting of an all-brick quadplex and an all-brick duplex in Ladoga. (Bricks are from the old elementary school for a touch of history!) The quadplex has one 3 BR, 1 BA unit and three 1 BR, 1BA units. The duplex has two 2 BR, 1 BA units. Each unit is all-electric and metered separately. There are 6 electric furnaces, 2 central A/C units and 4 window A/C units. The roofs on both buildings are 8 years old.

Last Agent to Sell the Property

Amber Greene

Greene Realty, LLC Listed on: 04/26/2022

Co-Listed By

Kevin Greene

Greene Realty, LLC

Last Buyer's Agent

Radmila Adams

Encore Sotheby's International

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,028

Year Built

  • Built in 1980

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • Gravel Driveway

Home Design

  • 2-Story Property
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation

Community Details

  • Myers & Britts Subdivision

Listing and Financial Details

  • Tenant pays for insurance, rent only, no utilities
  • The owner pays for inshazard, insurance, taxes, all utilities
  • Assessor Parcel Number 541618442033000009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,028

Year Built

Built in 1980

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Sub Type: Commercial Units - 5+
  • Architectural Style: Multi-Level, Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1980
  • Co List Office Phone: 317-370-7869
  • Lot Size Acres: 0.19
  • Road Frontage Type: State Road, City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex, Quadruplex
  • Subdivision Name: MYERS & BRITTS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 6
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One, Two
  • Owner Pays: InsHazard, Insurance, Insurance, Taxes, All Utilities
  • Sq Ft Main Upper: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • Foundation Details: Block, Slab
  • Road Access: StateRoad,CityStreet
  • Roof: Ashphalt shingle--both roofs 8 years old

Garage/Parking

  • Unit Parking: Guest Parking,On Street,Parking Lot
  • Auto Parking: 8
  • Auto Surface: gravel

Utilities

  • Solid Waste: 0
  • HVAC: 6 furnaces 2 central A/Cs

Fee Information

  • Insurance Expenses: 115

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 541618442033000009
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 5
  • Lot Size: 8,102

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance, Rent Only, No Utilities

Multi Family

  • Net Operating Income: 2290

Tax Info

  • Tax Annual Amount: 2028
  • Semi Annual Property Tax Amt: 1014
  • Tax Exemption: None

MLS Schools

  • School District: South Montgomery Community
  • Schools: Ladoga Elementary,Southmont High,Southmont Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 15, 2022
Sold by
Ladoga Apartments Llc
Bought by
Vincent Carol and Vincent William
Seller's Agent
Amber Greene
Greene Realty, LLC
Buyer's Agent
Radmila Adams
Encore Sotheby's International
List Price
$299,900
Sold Price
$310,000
Premium/Discount to List
$10,100
3.37%
Current Estimated Value
$248,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,478
Avg. Annual Appreciation
-5.44%
Original Mortgage
$160,000
Outstanding Balance
$46,142
Interest Rate
4.38%
Estimated Equity
$202,380

Purchase Details

Listed on
Apr 26, 2022
Closed on
May 24, 2022
Sold by
Mcmahon Ronald L and Mcmahon Denise E
Bought by
Ladoga Apartments Llc
Seller's Agent
Amber Greene
Greene Realty, LLC
Buyer's Agent
Radmila Adams
Encore Sotheby's International
List Price
$299,900
Sold Price
$310,000
Premium/Discount to List
$10,100
3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$46,142
Interest Rate
4.38%
Estimated Equity
$202,380
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Vincent Carol $115,000 Kult Andrew P
Ladoga Apartments Llc $310,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Vincent Carol $160,000
Closed Ladoga Apartments Llc $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 For Rent $700 0.0% --
06/15/2022 06/15/22 Sold $310,000 +3.4% --
05/11/2022 05/11/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $299,900 0.0% --
04/27/2022 04/27/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $299,900 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,170 $108,500 $8,700 $99,800
2024 $2,010 $100,500 $8,700 $91,800
2023 $2,028 $101,400 $8,700 $92,700
2022 $2,019 $99,500 $8,700 $90,800
2021 $2,029 $99,500 $8,700 $90,800
2020 $2,081 $102,400 $8,700 $93,700
2019 $2,074 $103,700 $8,700 $95,000
2018 $2,208 $110,400 $8,700 $101,700
2017 $2,174 $108,700 $8,700 $100,000
2016 $2,174 $108,700 $8,700 $100,000
2014 $2,292 $114,600 $8,700 $105,900
2013 $2,292 $113,500 $8,700 $104,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Amber Greene

    Greene Realty, LLC

    Section Image

  • K

    Seller Co-Listing Agent in 2022

    Kevin Greene

    Greene Realty, LLC

  • R

    Buyer's Agent in 2022

    Radmila Adams

    Encore Sotheby's International

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21850419

MIBOR Broker Listing Cooperative®

APN: 54-16-18-442-033.000-009

Indiana Montgomery County Ladoga 47954

345 E Main St, Ladoga, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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